Seeking Alpha

Eni hits 25K bbl/day at north Alaska oil field

  • Eni (E +1.6%) reports it has achieved oil production of 25K bbl/day at its Nikaitchuq field, offshore Alaska's North Slope of Alaska.
  • Development has included the drilling of wells and the construction of facilities both on land and on an artificial island built by Eni in the Beaufort Sea.
  • Nikaitchuq is the first field to be operated by Eni in the Arctic region, and holds estimated reserves of 200M barrels of crude oil.
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